The net terminal income of close to $195. Can you believe that video gaming has been legal in Illinois for ten years already? It seems like just yesterday the Video Gaming Act was only a far-off dream for Illinois politicians. ”. 7% for all VLT at retailers. We’re announcing this change now, but it won’t go into effect until after June 1, 2023. Illinois Gaming Board slammed video gambling company for alleged ties to bookmaker, but it’s still reaping millions. Done in collaboration with Spring 2021 Data Visualization Course, School of Art and Design, Northern Illinois University, Nestor Alvarez . recurring tax revenue, which would be split between education, capital, local government distributions and other stated purposes. The Illinois Gaming Board reported casino revenue of nearly $104 million and video gaming terminal revenue of $205. 230 ILCS 10/5(b), 40/78. Oak Lawn Trustee Paul Mallo told. 6% in. The breakdown of revenue sharing in the Illinois video gaming market. $500 for one year. From our outstanding record of improving our locations’ gaming revenue to our superior customer service, we value our locations as our partners in. While certain streamers used to get this 70/30 cut on Twitch, the. When. 230 ILCS 10/5(b), 40/78. - Video Gaming Act Illinois Department of Revenue Responsibility Money collected from. Illinois has passed significant gaming expansion legislation. S. 6 billion. A portion of the tax is returned to local governments where the tax was collected. 5 billion at Illinois video gambling machines, according to data from the Illinois Gaming Board. IGB. VIDEO GAMING REVENUES: The Illinois Gaming Board provides detailed revenue information for the municipalities os. The owners of two groups operating many of the video gambling establishments in strip malls and other locations across Illinois have sued the Illinois Gaming Board, arguing one board policy and two provisions of the state’s 2009 Video Gaming Act are unconstitutionally depriving them of the chance to negotiate better. illinois. In 2019, new gaming legislation increased the state’s VGT revenue split from 25% to 29%. In addition, gambling laws allow for a total of 10 Illinois slot. gov. In 2007, when casino revenue peaked at $1. According to video gaming revenue reports from the Illinois Gaming Board, since September 2012, gamblers have wagered almost $34 billion on video gambling machines. TheUnlike Loves Park, Illinois' gaming recovery is slow as the Commission on Government Forecasting and Accountability reports the state lost nearly $200 million in revenue during fiscal year 2020. 5% to the terminal operator. dollars. S. commercial gaming revenue reached an annual record of $60. Last updated on: June 22, 2023, 09:56h. Readily Available. The Illinois online sports betting market consistently ranks as the second biggest in the United States and we have the numbers to back that up. 85% to the Illinois Gaming Board Video gaming revenues have proven critical for local communities to be able to Monthly player win% at Illinois VGTs, 2012-2022 [Illinois Slots Return-To-Player] In April 2022, the statewide average player win percentage was 91. Thanks to the bill, legal sports betting in Illinois and six new retail casinos are in the future, including a casino in Chicago. Source: Illinois Gaming Board. This alert provides a general summary of the gaming expansion bill followed by. DECATUR — A total of $9. Results from the CBS Content Network. show more . Video gaming machines have been popping up in Illinois bars and restaurants for nearly four years. was $37. Adm. There is a 15% tax rate if you earn $600 or more betting on sports in Illinois. 03 Billion. Illinois bettors wagered over $2 billion at video gaming terminals (VGT) to end the year, helping line the pockets of state coffers. Fruchter • Administrator 801 South 7th Street ♠ Suite 400 South ♣ Springfield, Illinois 62703 tel 217/524-0226 fax 217/524-0228 March 1, 2022 Governor JB Pritzker Members of the Illinois General Assembly Greetings, And a provision appears in both the Illinois Gambling Act and Video Gaming Act that makes it clear that conflicts in the two Acts are resolved in favor of the Illinois Gambling Act. 20, 2021. C. 5% to the establishment and 32. 22 billion. 2 Be it enacted by the People of the State of Illinois, 3: represented in the General Assembly: 4 Section 5. 8513% of the profits go to the Central Communications Service. The breakdown of revenue sharing in the Illinois video gaming market. For February, the 11 gaming facilities reported over $115 million in total gaming revenue. $15,000 for three years. In CYEvanston’s City Code 9-5-8 prohibits local eateries and watering holes from participating in the Illinois Video Gaming Act. B. Illinois recently passed the Video Gambling Act to allow video gambling for establishments with liquor licenses including bars, restaurants, and veteran organizations. Of the remaining 66% of NTI, a company called Light & Wonder. 595 Temporary Identification Badge. New legislation allows licensed, designated “large truck stops” to have up to ten VGTs. The Video Gaming Act stipulates that the revenue from the video gaming terminals is split between the State of Illinois which receives 30%, the licensed establishment which receives 35%, and the terminal operator which receives 35%. If we look at a snapshot of things year. Enjoy your favorite Las Vegas style games, codeta casino online with real money review monthly. “More and more local governments searching for additional revenues are turning to video gaming as a new revenue source,” state lawmakers wrote in their “Wagering in Illinois: 2019 Update” report. Minimum requirements for licensing and registration. An administrative fee of 0. A distributor may only sell video gaming terminals for use in Illinois to persons having a valid distributor's or terminal operator's license. Licensed locations generate over $72,000* in additional revenue each year, on average! Plus, video gaming adds an additional amenity to your patrons! *igb. In addition, the Illinois Gaming Board announced that all video gaming operations will continue to be suspended until at least April 8th. For information on video gaming, visit the Illinois Gaming Board's website at 230 ILCS 40/1 et seq. and the final third is split between. 07 billion was bet through IL sports betting apps in January. Video Gaming Related Charts: 4 Video Gaming Terminals in Operation in Illinois 37 5 Net Terminal Income Collected from Video Gaming Terminals 39 6 Tax Revenue Collected from Video Gaming. Two-thirds of the amount deposited into the IGLE Fund is appropriated to the Department of Revenue, the Department of the State. A manufacturer may only sell video gaming terminals for use in Illinois to persons having a valid distributor's license. The COGFA analysis estimates the law allows for between 45,000 and 60,000 new video gaming machines to be operated in Illinois. Limited License. In January 2022, the statewide average player win percentage was 91. PDF CSV. show less . Illinois video gaming terminals generated nearly $2 billion in revenue in the fiscal year that ended June 30. The remaining 70 percent of the income is split evenly between the business that hosts the video gaming terminals and the terminal. 8% to $814. J. Overall, local governments lost a fair chunk of their video gaming revenue thanks to the pandemic closures. Cohen recently ruled. The Video Gaming Act has outlined revenue distribution in this way: Net Terminal Income (NTI) is defined as the money put into a VGT minus the credits paid. 19 billion. Some municipalities may impose a “permit fee” for each Video Gaming Terminal (“VGT”) (Slot Machine) or for your establishment in general. November 2, 2023. Revenue from video gaming entertainment is split between the business/organization, municipality, and. B. Illinois could be losing out on as much as $105 million in tax revenue annually by not legalizing Illinois online casinos. “More and more local governments searching for additional revenues are turning to video gaming as a new revenue source,” state lawmakers wrote in their “Wagering in Illinois: 2019 Update” report. 555 Withdrawal of Applications and Surrender of Licenses. Illinois: Multiple, mobile and retail: 15%: Indiana: Multiple, mobile and retail: 9. The Illinois Senate passed the gaming expansion bill June 2, 2019, and sent the legislation to the governor’s desk. While being just above Louisiana, Illinois’ tax on video gaming remains well below those in effect in Oregon, Pennsylvania, South Dakota, and West Virginia, all of which have rates of 50% or higher. 6 billion was played on Illinois video gaming machines from January 2012 to March 2019. This. Today, more than 8,000 licensed video gaming locations operate over 43,000 VGTs across the State – comprising the largest video gaming network of its kind in the world. 6 billion in. There are nearly 24,000 video gaming machines in Illinois, and the amount played over the last few years is in the billions of dollars -- with a b. Illinois collects a 30 percent tax on net terminal income, or the amount gambled minus what is paid out, with 25 percent going to the state and the other 5 percent going to the local municipality or county. With video gaming terminals generating nearly $2 billion in revenue, some communities in Illinois are looking to get a bigger piece of the take by implementing a tax on each bet. 15. The Illinois Gambling Act was enacted on June 28, 2019. The IGB Administrator serves as the agency's chief executive and directs daily. Davidsmeyer SENATE HOUSE Donald DeWitte Thomas Bennett DaviIllinois. 1 VGT background. The number of video terminals. (230 ILCS 40/15) Sec. In Illinois, 5 percent of gambling revenue goes to the municipality, 25 percent goes to the state, less than a percent pays for system monitoring, and the rest is split between the business and. Signal: 312-363-7331. UPDATE- Changes to Illinois Video Gaming Law. 2150 New Section 1800. Record lottery sales helped boost Illinois gaming tax revenue to $1. Gaming Tax Forms. terminals or video gaming terminals, in Illinois, Louisiana, Montana, Nevada, Oregon, Pennsylvania, South Dakota and West Virginia. While video gaming’s total net terminal income levels were down 32. The Administrator then announced that, by popular demand, he was going to resume sharing the revenue numbers for all categories. Sayad said he would vote in favor of allowing video gaming throughout Des Plaines as long as it does not. "This is a big win for Scientific Games as Illinois could grow to be the largest video gaming network in the country with the potential for up to 60,000 terminals," said Brennen Lawrence, Vice. Players can now place a $4 max bet, they can win up to $1199 on just one hand, and coming soon, progressive. As more gamblers turned to video slots and poker, the state’s cut of gambling profits dropped. Net revenue generated from the machines is taxed at 30 percent. Location owners in Illinois are earning an additional $121,000. Earlier this year, the Illinois Gaming Board (IGB) implemented Administrative Rule 350. EXECUTIVE SUMMARY . Menu. The initial Supplier’s licence is now valid for a period of four (4) years. There was nearly 10% less play in January, with. Increased Taxes. The Future of Illinois Gaming Companies. This report is the Commission’s 202 3 edition of Wagering in Illinois. The state received $21 million in tax receipts from casino gaming in April and has collected more. 5%. Lottery still top revenue source but video gaming rises most. The remainder is deposited into the Capital Projects Fund to cover costs related to the state's 2009 capital plan. ILLINOIS GAMING BOARD JB Pritzker • Governor Charles Schmadeke • Chairman Marcus D. The state’s cut was previously 25%, but was raised to 29% in 2020 following the signing of an omnibus. State of Illinois tax share receives 25%. Watch the latest video reports from the Illinois Gaming Board, covering topics such as casino operations, video gaming revenue, sports wagering and more. Updated 08/14/2007. When COVID-19 pulled the plug on Illinois gambling, it took away a reliable source of money for municipalities. 5 million in tax revenue. While we can’t say exactly how much of an increase in revenue a Missouri establishment will experience by installing video gaming machines, we can reasonably compare it to the Illinois video gaming market. 5 percent increase. Video game industry revenue growth should continue through 2022 at least, researchers say, when video games are projected to bring in a. In September, these VGTs generated a Net Terminal Income (NTI) of over $236 million resulting in over $80 million of tax revenue, with the state’s share being approximately $68. io allows developers to set their own split, with a default cut of 10%. By the end of FY 2021, over 40,000 video gaming terminals were in operation across. Updated 9/28/2022 11:37 AM. There are nearly 24,000 video gaming machines in Illinois, and the amount played over the last few years is in the billions of dollars -- with a b. Year-on-year growth is 10% and analysts made predictions that in 2019 revenue would top $152 billion. Stay informed on the latest developments in Illinois gaming news. 7. The IGB consists of five Board Members appointed by the Governor and confirmed by the Senate. Increased Taxes The new gaming legislation led to changes in taxes that are imposed on licensees. dollars) Premium Statistic Premium PC games revenue worldwide 2008-2024, by categoryHowever, Potawatomi gaming revenue can be estimated because the tribe pays the city and county of Milwaukee 1. Even if no costs are split, a TO must still file a report. 7% to $872 million. This could bring the total number of video gaming machines in the state to more than 7,000. Every video gaming terminal offered for play shall first be tested and approved pursuant to the rules of the Board, and each video gaming terminal offered in this State for play shall conform to an approved model. 2 billion for the cash-starved state and another $250 million for cities and villages that have allowed video gambling, according to gaming. There are many similarities between the Georgia COAM market and the Illinois video gaming market. New Jersey took sports gambling to the Supreme Court in 2018. 57435%. Basic economic principles dictate that gambling. This could bring the total number of video gaming machines in the state to more than 7,000. 7) Promotional items, merchandise, or gifts other than food or beverage. 00 per VGT per year, whereas Orland Park charges an annual fee of $1,000 per. 00 per terminal. In 2007, when casino revenue peaked at $1. video game industry 2017-2023. In Rock Island, the city has received $364,361 since 2012 in video gaming revenue. The recent changes to Illinois gaming legislation have expanded the provisions for local bars, restaurants, and other. Annual state gaming license is $100. According to new figures from the Illinois Gaming Board, net terminal income — the amount of money put in minus the amount paid out — amounted to $2. The Illinois Gaming Board is the state regulatory and law enforcement agency that regulates all aspects of casino gambling, video gaming, and sports wagering in Illinois. The State receives 29% of the NTI generated from each licensed VGT (of that, 5% goes to the local municipality). For. SPRINGFIELD — If the state of Illinois wants more revenue from video gaming, one gaming industry executive said Thursday, lawmakers should loo… Decatur collected $6 million from video gambling. In 2019, players wagered over $17 billion on Illinois VGTs and won just over $15 billion. But esports’ growth, and the increasing hold it’s taking on the attention and spending of. Post author: test15556252 Post published: December 16, 2022 Post category: Uncategorized Post comments: 0 Comments Revenue on slot machines in bars . a great way to scale and build extra Illinois gaming revenue for your business!. 8% to $814. The Video Gaming Act (230 ILCS 40) is available online on the Illinois General Assembly website. REVENUE POTENTIAL; Marketing; CONTACT; Sales: 815. It will still be a 50/50 split of the balance. CHICAGO — With the Illinois General Assembly poised to consider a tax hike on video gambling, some key lawmakers and their family members have developed previously undisclosed financial. 322. On October 28, 2021, the Illinois House of Representatives voted to pass House Bill 3136 (“HB3136” or the “Bill”) which changes the. That’s not chump change. Unlike YouTube and Facebook Gaming which split revenue 70/30 in favor of creators, Twitch’s streamers receive a 50/50 cut. 8 million. The bill will permit sports wagering, including online/mobile, a Chicago casino, five additional casinos, slots and table games at racetracks, possible slots at the Chicago airports, an additional video gaming terminal at each establishment and in some instancesThe IGB is a state agency composed of five members who are responsible for implementing and enforcing the Illinois Video Gaming Act, 230 ILCS 40/1 et seq. Cory Aronovitz is the founder of the Casino Law Group in Chicago. Statistics from the Illinois Gaming Board show people in Decatur spent over $175 million on gaming in the. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. For example, the City of Rockford’s “permit fee” is $25. In 2021, the state agency proposed stripping the lucrative video gaming license held by Frank Cortese’s company. The move came in an effort to not only raise revenue, but also crack down on video gaming. The top five video gambling operators control nearly 50% of the market, reaping nearly $1 billion in revenue between 2012 and 2018, according to an analysis of gaming board data. That’s up 4% from the previous monthly record of $1. Illinois’ tax. Illinois gambling tax revenue fell 13. According to the Administrator, there are 8,425 licensed video gaming locations operating in Illinois offering approximately 46,740 Video Gaming Terminals (VGTs). Tournament, Tournaments & Promotions. 7 AGR of Illinois Casinos vs NTI of Illinois Video Gaming Machines 50 8 AGR of IL and IN Casinos vs NTI of Terminals in Chicago Area 52. Prompt. This report is the Commission’s 202 3 edition of Wagering in Illinois. 00 for each video gaming terminal per license year shall be paid to the city treasurer, and that amount shall be divided with $250. This report is theCommission’s 2019. Shaq Hoy, left, explains the game to patrons using video gaming terminals, at Stella's Place in Elmwood Park, on Tuesday, April 4, 2017. In six years, the number of Illinois communities banning video gaming has fallen from 63 percent to 36 percent. Nine of those cities have added more than 80 video gaming terminals since June 2018. Spending on esports is projected to surge at a compound annual rate of 18. Education; Politics and Government. The operator (Abraham Gaming) covers all capital costs (the video game terminals), and profits after taxes are split evenly between the operator and the host (your business). Illinois’ tax. “We are your partner every step of the way. However, municipalities’ cut was 5% then and remains 5% now. A portion of the tax is returned to local governments where the tax was collected. However, when combined with video gaming totals,. We carry the state license and serve clients in Illinois. 92 billion. 7% in FY 2020 to $1. It will reach $376. Municipalities with the machines brought home a share of $135. CONCLUSION 91. Update March 21, 2020: On Friday, March 20, Governor Pritzker announced a "Stay at Home" directive for Illinois beginning Saturday, March 21st at 5 PM until midnight April 7th. Earliest revenue data was reported for March 2020 . 6 billion was wagered on VGTs in December. This article originally appeared on Illinois Policy . One of the reasons for the decline is the emergence of other forms of gaming which weren’t available to Illinoisans in 2012. In 2022, gamblers wagered roughly $10. Revenue of the U. If each establishment had the allo If each establishment had the allotted 5 video gaming machines, a potential of 75,000 video gaming machines75,000 video gaming machines could. Overall, state gaming revenue was up to nearly $1. . The justification for levying a gross gaming revenue tax on sports betting operators could be appropriate were it in lieu of the corporate income taxA corporate income tax. This editionThe quiet engine of Illinois gaming revenue, video gaming terminals (VGTs), also sputtered out of the gate to start the new year in comparison to the close of 2021. S. 17 Video Gaming Statistics by Illinois County 40 18 Video Gaming Statistics per County Population 41 19 Video Gaming Statistics by County Ranking 42. Readily Available. Video gaming machines brought in $296. 8 million. Denied Applicants. Municipality fees vary from municipality to municipality. Under the Illinois Video Gaming Act passed in 2012, the operators must split their proceeds evenly with the local businesses. Clement. 9Forty-five south-suburban municipalities have collected nearly $7 million in local taxes from video gaming over the past year, with local receipts ranging from $866,082 for Oak Lawn to $1,398 for. In 2007, when casino revenue peaked at $1. Prompt. Collections from video slot machines posted the biggest gains this year, rising 6. - Video Gaming Act. Offerings First Column. That would mean a change to the city's current fee structure: Bars and gaming companies split a $500 fee, but onl…This guide details: How Video Gaming Terminal (VGTs) work. That left $3. IGB. The Illinois Slot Machines Revenue is Split Between: State of Illinois: 29%. 9 billion in total gaming revenues. The study, released in November 2022, estimates that more than $4 billion in taxes are lost each year in the United States. Gaming Board members and staff are prohibited from gambling in Illinois casinos. Video Gaming in Illinois Page 8 Riverboat Year in Review 2015 Page 9 Video Gaming Year in Review 2015 Page 12. January 18, 2022. When looking at particular segment revenues. Total bets at the seven Illinois online sportsbooks have exceeded $1 billion in five of the last nine months. The top five video gambling operators control nearly 50% of the market, reaping nearly $1 billion in revenue between 2012 and 2018, according to an analysis of gaming board data. Understanding “how to play with an advantage” on Blackjack, trick to win on fruit slot machines weekly. Readily Available. In December alone, Illinois municipalities that offer video gaming shared $1. 9 million in CY 2014 to $72. A distributor may only sell video gaming terminals for use in Illinois to persons having a valid distributor's or terminal operator's license. 5 million in CY 2019. (b) Distributor. A person plays a Gold Rush Gaming machine at Shelby's in Berwyn on Jan. 6362%. 5% community investment obligation. BELLEVILLE — At Crehan's Irish Pub and Banquet Center in Belleville, the five video gaming terminals brought in more than $196,000 in net income in 2018. Locations. The casino revenue figure was 4. The Illinois gambling expansion bill that Gov. For the examination of video gaming machines and associated equipment as required by this Section, the. surpassed $85. 2130 New Section 1800. ”. For the most part, the increase in gaming machines and… Search Query Show SearchAlong with video gaming machine activity, the state has reported a surge in sports betting during 2022. Video Gaming Application Fee: $500. It will still be a 50/50 split of the balance. 9 percent in the previous quarter to 1. PDF CSV. Video gambling is taxed at a flat rate of 30 percent regardless of how much the industry makes. The tax revenues collected from the state gaming tax has steadily increased from $17. 6% compared to the $1. 2. Revenue on slot machines in barsAs of Feb. Video gaming netted about $122,000 in tax revenue for Lansing over the fiscal year that ended on April 30, spokesman Ken Reynolds said. So if you were to assume that everything stayed the same and just funds in resulted in more revenue you would need $7,514,462,207. State of Illinois tax share receives 25%. A fee of $500. The tax on gaming establishment revenue has gone up from 30% to 33%. i EXECUTIVE SUMMARY This report is the Commission’s 2021 edition of Wagering in Illinois. The new record is up by 35. Amends Section 65 to restrict a non-home rule unit of government from imposing any fee for the operation of a Video Gaming Terminal in excess of $250 (previously $25) per year. 888-862-2235 (Sales) 888-972-2235 (24/7 Service) Video gaming currently represents about 41% of wagering revenue, while lottery makes up nearly 44%. 89 million in. All location data is as of Dec. Illinois Gaming Board - Video Reports. Through the end of June, that’s meant more than $1. More than $7 million of that is income FJC gets to split with the. It is comprised of a 15% state gaming tax and a 2. If enacted, Illinois will increase its gaming positions to approximately 39,000, excluding video gaming. Accel Entertainment provides the latest slot machines in the Illinois video gaming industry and will optimize machine. 9 billion, the industry paid about $819 million in taxes, a rate of 42 percent. This aims to raise $45bn to invest. 8% drop compared to December’s total of $216. ILLINOIS GAMING BOARD JB Pritzker • Governor Charles Schmadeke • Chairman Marcus D. Video gaming currently represents about 41% of wagering revenue, while lottery makes up nearly 44%. Tax Impact & Tribal Revenue Share $2. These fees vary by Municipality. Currently, a location receives 45% of the revenue from each machine. Is video gaming allowed in Illinois? As stated in the Illinois Video Gaming Act, Illinois slot machines and other video terminals are now legal in the state as long as the location has the necessary. Two gaming operator businesses - J&J Ventures and Accel Entertainment - sued Pekin, claiming that the percentage-based fee actually constituted a tax and was therefore barred by Illinois’. As more gamblers turned to video slots and poker, the state’s cut of gambling profits dropped. Davidsmeyer SENATE HOUSE Omar Aquino Amy Elik Darren Bailey16 Illinois Video Gaming Statistics by Fiscal Year 36 17 Video Gaming Statistics by Illinois County 39 18 Video Gaming Statistics per County Population 40. Size of circle indicates number of casinos in the area. The Annual Fee for Each Video Gaming Terminal is $1,500 The Initial One-Time Application Fee is $1,885 State Law Summary The Illinois Video Gaming Act was adopted in 2009. Still, the industry maintained strong growth. Licensed Location: 32. 9% improvement on March’s total of $105. If an entity that has been doing business in Illinois for 48 months prior to July 13, 2009 forms a subsidiary to conduct its video gaming business in Illinois (and would therefore be the Applicant for licensure), would that subsidiary meet the residency requirement (i. For inquiries regarding video gaming disbursements, please call 217-524-0226 or send an email to [email protected] Gaming Board Meeting Schedule and Documents Access information about the Illinois Gaming Board Meeting dates, minutes and audio. The current tax rate imposed on video gaming terminals’ (“VGTs”) net terminal income is 30%. Most recent revenue data was reported for. • Casinos/racetracks: $10m (or 5 percent of annual gaming revenue/pari-mutuel wagering handle, whichever is lower) • New casinos/racetrack: $5m initial fee, adjusted after 12 months of operations based on 5 percent of theFind information on income split and the history of video gaming. Beginning on July 1, 2019, an additional 3% tax will be imposed on a VGT’s net terminal income (for a total of 33%). Image 1 of 2. Your terminal operator cannot pay you more than this amount. Only New York did better with more than $139 million. Illinois Gaming Board Meeting Schedule and Documents Access information about the Illinois Gaming Board Meeting dates, minutes and audio. Illinois Gaming Board Meeting Schedule and Documents Access information about the Illinois Gaming Board Meeting dates, minutes and audio. Twenty cities with 20,000 people, including Chicago, do not allow video gaming terminals. It will still be a 50/50 split of the balance. Self-exclusion: The Illinois Gaming Board operates a state-wide voluntary self-exclusion program for problem. The top five video gambling operators control nearly 50% of the market, reaping nearly $1 billion in revenue between 2012 and 2018, according to an analysis of gaming board data. Posted on: May 20, 2020, 11:35h. Illinois lawmakers voted to extend in-person betting on in-state college teams until July 1, 2024. Illinois started with a few hundred gaming terminals. 35 billion, according to the annual. Denied Renewal Applicants. Video Gaming License Fee: $1000. By BRITTANY KEEPERMAN. Municipalities with the machines brought home a share of $135. The easiest way to understand gambling in Illinois is that all gambling is illegal unless specifically allowed by the Criminal Code. 41 billion in 2021, up more than $600 million from 2020.